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Bank of Utica

Utica, NY · Cert 13397

State charter, non-member · FDIC · 1 branch

Q2 2026

$1.5BAssets
$154.3MLoans
$1.1BDeposits
$391.6MEquity
Loan mix
27%RE $39.4M68%C&I $98.6M4%Consumer $6.3MQ2 2025Q2 2026
Deposit mix
94%Interest-bearing $1.0B6%Noninterest $0.1BQ2 2025Q2 2026

NIM

3.33%Q2 ’243.80%Q2 ’253.93%Q2 ’26+16%+7%

Non-interest income vs. expense

0.69%Q2 ’240.67%Q2 ’250.67%Q2 ’26-5%+2%

Market Position · Utica-Rome, NY · 2026 SOD (annual) · 19.0% share · #1 of 9 inst. · $1.1B of $5.6B

Executive Summary

  • Earnings: ROA of 6.50%, up 422 bps year over year; NIM at 1.98%.
  • Asset quality: problem loans at 0.59% of loans (-71 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 26.49%, up 223 bps from a year ago.
  • Funding: loans stand at 14.37% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

6.50%1+422 bps YoY

Net Interest Margin (quarter, annualized)

1.98%+13 bps YoY

Efficiency Ratio (quarter, annualized)

33.36%-193 bps YoY

Tier 1 Leverage Ratio

26.49%+223 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets2.27%13.36%12.65%13.06%16.50%1+422 bps
Return on Equity9.54%13.81%10.59%11.97%25.21%+1,567 bps
Net Interest Margin1.84%1.80%1.85%1.86%1.98%+13 bps
Efficiency Ratio35.30%37.09%34.13%36.82%33.36%-193 bps
Non-Interest Burden0.62%0.64%0.65%0.66%0.64%+1 bps
Growth
Asset Growth (YoY)7.76%5.97%1.18%2.04%6.68%-107 bps
Loan Growth (YoY)13.24%10.57%14.32%16.78%20.34%+710 bps
Deposit Growth (YoY)8.97%6.37%-1.64%-1.34%3.03%-594 bps
Asset Quality
Nonperforming Loans / Loans1.30%1.87%0.67%0.81%0.59%-71 bps
Net Charge-Offs / Loans-0.01%0.17%0.10%0.02%0.00%+1 bps
Allowance / Loans0.90%0.82%0.80%1.11%0.83%-7 bps
Allowance Coverage of NPLs0.7x0.4x1.2x1.4x1.4x+0.7x
Capital
Tier 1 Leverage Ratio24.27%24.87%25.55%25.79%26.49%+223 bps
Total Risk-Based Capital24.27%24.87%25.55%25.79%26.49%+223 bps
Equity / Assets24.06%24.59%25.55%25.56%25.96%+190 bps
Liquidity & Funding
Loans / Deposits12.30%12.79%14.09%14.04%14.37%+207 bps
Liquid Assets / Assets76.40%75.50%74.29%74.02%73.33%-307 bps
CRE / Total Capitaln/a9.82%10.19%10.15%n/an/a